Micron Technology shares are trading lower after Raymond James lowered its price target on the stock from $160 to $125.
Portfolio Pulse from Benzinga Newsdesk
Micron Technology's stock is experiencing a decline following Raymond James' decision to lower its price target from $160 to $125.
September 12, 2024 | 1:36 pm
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Raymond James has reduced its price target for Micron Technology from $160 to $125, leading to a decrease in the stock's trading price.
The reduction in the price target by a reputable financial institution like Raymond James is likely to negatively impact investor sentiment, leading to a short-term decline in Micron's stock price.
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